In a statement, car companies talk about creating a “global champion”
The Indian company of the automotive sector, will buy the group, Italy, for € 3.8 billion (about R $ 24.5 billion), announced the two companies by means of a note on Wednesday (30.Jul.2025).
The agreement does not include the Iveco defense line – the Facker of Armored and Military Vehicles – and the net income of this segment. Here’s the ad (PDF – 728 kb).
The agreement joins two leading companies in their respective markets and seeks to create a global competitor in the commercial vehicle sector. The Iveco Group Board of Directors has already recommended that the offer presented by Tata Motors is accepted.
The operation must be realized in Mumbai, India, headquarters of Tata Motors, and in Turin, Italy, where the headquarters of the Iveco Group is.
According to the statement, the decision to unite operations is based on the complementarity of companies’ abilities and their shared strategic vision.
The acquisition represents a strategic movement for the Indian conglomerate with presence in over 100 countries. The company has operations in various sectors, including cars, steel, IT consulting (information technology), consumer products and telecommunications, with combined revenue of US $ 128 billion (about R $ 640 billion) in the 2023-24 fiscal year.
Companies claim that the combination will result in a group with “reach, product portfolio and industrial capacity to be a global champion in this dynamic sector”. player It will be present in more than 180 countries, being the strongest Iveco in Europe and South America, and Tata Motors, India and other emerging markets.
The detailed schedule for the completion of the transaction, as well as the specific plans for the integration of operations after the agreement was completed, have not yet been released in the announcement. The transaction is expected to be completed by the end of the 1st quarter of 2026, subject to the necessary regulatory approvals and other usual conditions.
